“Being an Entrepreneur: Why Fear Is Important & How To Deal With It?” plus 2 new trending articles!

Posted by Unknown Kamis, 07 November 2013 0 komentar

“Being an Entrepreneur: Why Fear Is Important & How To Deal With It?” plus 2 new trending articles!

Link to Trakin' the india business buzz

Being an Entrepreneur: Why Fear Is Important & How To Deal With It?

Posted: 07 Nov 2013 01:58 AM PST

Fear is an emotion which is permanently embedded into the mind of a human being. If we remove this emotion from this world, then there would be total chaos in the society. It's a protective instinct which shields us from dangers.

Fear is like the necessary evil, which tames the animal inside us and helps us to lead a normal and consistent life.

Psychologists say that there are three basic emotions which a human being experiences: Fear, Hunger and Sex. Hunger and Sex is something which can be debated later, but Fear is what sustains humanity.

Fear Of Failure: Every Entrepreneur Experiences It

Fear of Failure | Being an Entrepreneur: Why Fear Is Important & How To Deal With It?

But what if this same fear stops us from giving the best? When you are about to launch your own company or a new product or going to finish the book, this primitive emotion rises to the top and takes control of the mind.

You fear, and you back out.

What if this fails? What if people laugh? What if that neighbor uncle stops talking with you? What if your relatives boycott you? And so on.

These questions hit you like an arrow, and puts huge, big and bold question mark on your decision.

The resistance which builds up gradually in such circumstances is simply incredible and too hard to push away. People wither away from their mission and they hide. This fear whispers, "Don't do it now. Wait. You are not prepared. Analyze more and create more excel sheets. Don't be stupid!"

And you back away…

You do not launch that application which you were so passionate about few weeks ago and it feels all right as well. You hide that almost completed book under the blanket, and console yourself that the 'right time hasn't come yet.

Not doing anything feels so safe, right?

When you don't do anything, nothing terrible happens, and the status quo is maintained. In short, you declare your defeat against fear and crawl down.

The Solution To Overcome This Fear

Embrace it.

It is already a part of you. Declare it and celebrate it. Infact, use it.

The entrepreneur, the artist, the risk taker lives with this fear and makes better use of it. He accepts the fact that there is a danger and risk, and moving further ahead may result in crisis.

But guess what? He absolutely loves it! He accepts failure as a part of life, and plays with this fear. He 'uses' this fear to conquer more ground. He is not afraid of this primitive emotion, but makes it his closest friend.

Embrace the fear and feel lucky about it. If you fear something, then trust your mind, and be assured that you are onto something exciting.

All you need to do is, divert the flow of energy. At the end, you will feel good about it.

Give it a try, and see what happens!

Mumbai Has 3 Times More Active Internet Users Compared to Bangalore!

Posted: 06 Nov 2013 11:39 PM PST

If you look at Internet penetration through-out India, it is abysmally low. Infact, most of the Indian villages will not even know what Internet is. However, scenario is very different when it comes to large metros and A cities in India, where internet usage is catching up fast.

According to recently release report by Internet and Mobile Association of Indian (IAMAI), overall, the the top 4 metros have a 37% penetration of Active Internet Users.

City-Wise Internet Users

Though Bangalore is called the Silicon Valley of India, it only has the 6th highest number of active internet users in India at 3.8 million. On the other hand India's financial capital Mumbai has nearly 3 times mores with 12 million active internet users.Internet Users in India City wise | Mumbai Has 3 Times More Active Internet Users Compared to Bangalore!

In last one year alone, Mumbai has added 3.7 million new internet users. There is no doubt that mobile internet is playing a crucial role in the growth of internet usage across various cities.

In terms of growth, Kolkata has registered the highest growth of internet users among all the top cities in India with 47% more internet users than last year. Mumbai with 45% y-o-y growth is second while Bangalore with a growth 43% y-o-y is third. Pune, with a growth of 37% is fourth while Delhi with a y-o-y growth of 35% is fifth.

Mobile Internet Leading the Charge

If you take a look at the telecom reports that we publish monthly on trak.in, you will know that broadband growth has been dismal. By end of September, the total broadband subscriber base was only 15.36 million. Most of the internet usage is now coming from mobile. With 3G rates falling further, mobile internet usage is only going to increase further.

statcounter mobile vs desktop stats | Mumbai Has 3 Times More Active Internet Users Compared to Bangalore!

If you look at this statcounter graph shown above, you can clearly see that desktop internet usage is dropping, while mobile internet is growing at good pace.

Delhi Based Webhosting Company UCVHost Shuts Shop Leaving Clients In A Limbo

Posted: 06 Nov 2013 09:59 PM PST

Internet is the place to be right now and having a website / domain name is no more a fashion statement but a necessity. Many businesses now have their own websites on the web and even a minor downtime can lead to loss of revenue for some of these businesses.

In such a scenario, shutting of a webhosting company can lead to catastrophic impacts. Customers of Webhosting company UCVHost are feeling these impacts right now. The Delhi based company recently ceased its operations completely and shut down. This has led to loss of Business data and continuity for the companies that were using its services.

Started by Rajat Khanna in the year 2000-01, the company UCVHost provided services like website hosting, domain registration and web based application development. Now, the company has stopped working completely and its website says that its servers have been taken over by Softlayer, an IBM company. According to the website of UCVHost, clients should contact the company Softlayer for any queries as they were providing the back-end support to UCVHost.

UCVhost 001 | Delhi Based Webhosting Company UCVHost Shuts Shop Leaving Clients In A Limbo

However, surprisingly the data of Softlayer servers is deleted and not available to anyone.

This means that all the data that the clients of UCVHost might have collected over a period of time is all lost. The importance of data is known to all and this indeed is a big loss to the companies that could not preserve it.

The customers are in angst as they were never informed about this and thus could not create alternatives in time.

As per SoftLayer-

"At the request of Rajat Khanna, the services provided to UCVHost were terminated effective October 16. Pursuant to SoftLayer policy, the data on those servers were automatically deleted shortly thereafter and are no longer available. If you paid for services provided by UCVHost, please direct all questions and concerns directly to Rajat Khanna…"

IBM too has simply washed its hands off the whole debacle and thus clients have nowhere to go. UCVHost was hosting data for around 1200 clients and now these clients are trying to find Rajat Khanna so that they can know what is happening.

Even the 18 employees of the company are in a state of shock as they are all now out of jobs and searching for new ones. According to an employee, "We were never informed of the company's decision to close down. We were told we will get our dues in three-four days, but we have got nothing till now."

This is a very poor situation and gives way to numerous questions. As per Business Line, market analysts suggest that such cases are on the rise in India as the companies are unable to cope up with the scaling.

This is not a good sign for a growing country like India as now the clients of UCVHost will never trust a startup and would like to invest only in bigger brands.

So, if you are looking at hosting a website, make sure that you host it with a reputable organization with a good track record!

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Judul: “Being an Entrepreneur: Why Fear Is Important & How To Deal With It?” plus 2 new trending articles!
Ditulis oleh Unknown
Rating Blog 5 dari 5
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